Cost of Living in McHenry, KY

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21%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
56%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index McHenry Kentucky National
Cost of living7988100
Groceries9798100
Health care9497100
Housing4470100
Transportation9496100
Utilities9495100
Lifestyle & Entertainment9695100
Household Items9697100
Education & Childcare8894100
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Cost Of Living Quick Facts

  • The cost of living in McHenry is 10% lower than the Kentucky average
  • The cost of living in McHenry is 21% lower than the national average
  • McHenry housing is 56% lower than the national average
  • Kentucky general sales tax is 18% higher than the national average
  • Kentucky state income tax is 73% higher than the national average

Most Affordable Places to Live in and Around McHenry

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Compare McHenry, KY Cost of Living

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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$49,539$4,128$1,156$1,486
      Renters$81,780$6,815$1,908$2,454

      Kentucky Sales Tax

      State General Sales Tax With Max Surtax
      Kentucky 6% 6%

      Kentucky Income Tax

      State Income Tax (Low) Income Tax (High)
      Kentucky 4.5% 4.5%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Cleaton, KY169945.6%
      Rosine, KY1097327.4%
      Island, KY5937920.9%
      South Carrollton, KY2378020.5%
      Livermore, KY1,1558020.3%
      McHenry, KY3247920.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Chunchula, AL3248614.1%
      Bowie, AZ3248316.7%
      Mountain Ranch, CA32414140.6%
      Floridatown, FL3241032.7%
      Granville, IA3248415.6%
      McHenry, KY3247920.8%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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